Page 55 - Gst

GST panel wants tax incentive of 2% on digital transactions to go

The panel of ministers also noted that the proposal on reverse charge mechanism will be put forth in the upcoming GST Council meeting on July 21

Improving the GST regime: What India can learn from island nation Singapore

Not the city state's single-rate GST structure, but its system of advance announcement of rates deserves emulation

GST ministerial panel puts off two issues; Council to meet on July 21

The panel decided to omit the reverse charge mechanism (RCM) clause from the GST law

Amidst all the hoopla, GST problems remain

In an overall assessment, the problems faced by a section are unlikely to get much attention

Tax on liquor production input: AAR puts ball in GST Council's court

The central government wants to impose the levy; many states are opposed - at least, to the Centre doing so

GST: Ministerial panel favours deferment of sops for digital payments

The recommendations of the ministerial panels will be placed before the GST Council, chaired by the Union Finance Minister and comprising his state counterparts, during its next meeting on July 21

Advance ruling in GST: Classification-related disputes top the list

Till now more than 80 advance rulings have come.If one peruses them, it is apparent that classification-related rulings top the chart with more than 40 rulings

Technology, not people, led to GST disruption, says Hasmukh Adhia

The government understands the need for reducing GST slabs and rates, said Adhia

One year of GST: After teething troubles, GSTN has stabilised, says Pandey

We are working on the final version of the simplified form... It will simplify the life of taxpayers, says GSTN chairman Ajay Bhushan Pandey

GST trails annual tax target; Budget deficit could top 3.5% if trend holds

India needs the revenue to keep its budget deficit in check as Modi prepares to ramp up spending on welfare programs from health to farming before general elections next year

One year of GST: Confusion over mop-up as officials differ on trends

Government does not put out reconciled tax numbers on accrual-basis, making any trend analysis difficult

We must recognise the role of unsung heroes who made GST a reality

When the refunds of exporters got stuck due to mismatches, the CBIC granted many relaxations that helped the field formation team clear substantial backlog

GST turns one: Ease for business or burden on business? We find out

Milk, Mercedes can't be taxed at single GST rate, says PM Narendra Modi

To criticism that the GST was 'hurriedly implemented', the PM said the government had been responsive, with issues identified and redressed in real time

Takeaway on GST Day: June collection inches up to Rs 956 billion

On average, the government estimates Rs 1 trillion per month from the GST

GST: A year of learning and attainment

Two key issues that will engage the attention of policymakers are the tax rates and the dispute settlement mechanism

A work in progress

GST has a long to-do list in its second year

One year of GST: Rationalisation of slabs would be on agenda soon, says CEA

Certainly, easing of disruptions has been way faster than it was expected, said outgoing Chief Economic Advisor, Arvind Subramanian

Rahul Gandhi's idea of single rate for GST 'flawed', says Arun Jaitley

Observing that countries implementing GST had witnessed major disruption, Jaitley said he too had felt that it would cause disruption in the Indian economy

One year of GST: Compliance still a challenge for small business owners

The government is coming up with a return simplification process in the next six months which will require a taxpayer to file only one return every month against three at present